161 result(s) for monetary council
Hungary C.Bank Chief Intends To Stay Until His Mandate Expires
- 27 Apr 2010 3:00 AM
- business
"There were two proposals discussed at the Monetary Council’s rate meeting on Monday, one to lower the benchmark rate by 25 bps and one to cut it by 50 bps. The former proposal was supported by a "convincing majority", NBH Governor András Simor told a press conference. Hungary’s base rate was trimmed to an all-time low of 5.15% today.
Hungary Forint Firms Following Fidesz Victory
- 26 Apr 2010 5:00 AM
- business
"Hungary’s forint started the week on a strong footing, after centre-right Fidesz mustered a two-thirds legislative majority in the second round of elections on Sunday. The HUF’s appreciation is also linked to positive global investor sentiment.
Hungary's Forint Leans Towards Strenghtening Amidst Lighter Global Mood
- 21 Apr 2010 5:00 AM
- business
"Global investor sentiment is on the mend, which has lent some momentum to Hungary’s forint against the euro, as well. The international macro calendar is relatively empty therefore US corporate earnings reports and the economic/financial implications of the Icelandic volcano eruption are prone to affect investors’ mood today.
Hungary's Fidesz To Focus On Growth, Competitiveness
- 14 Apr 2010 4:00 AM
- current affairs
"Hungary’s budget deficit will reach the full-year target by the end of May and that, i.e. the real state of the economy, needs to be understood by the IMF, the European Commission and analysts too, said Viktor Orbán, who looks to be en route to shortly become Hungary’s next Prime Minister.
The Sky Is Blue, The Grass Is Green And Hungary's C.Bank Cuts Rates 25 bps
- 30 Mar 2010 3:00 AM
- business
"The National Bank of Hungary (NBH) has on Monday reduced its key policy rate by 25 basis points to 5.50%, as expected. The base rate has not been this low since the change of regime. The Monetary Council has cut the benchmark rate for the ninth consecutive month and by 25 bps for the third time in a row.
Hungarian PM To CNBC: Support For Greece Good Choice, Hungarian Budget On Track
- 29 Mar 2010 3:00 AM
- current affairs
"The leaders of 16 European Union nations that share the euro have come to terms about a rescue plan for Greece, agreeing that if the troubled country runs out of fundraising options, help will come from both the EU and the International Monetary Fund (IMF). Hungarian Prime Minister Gordon Bajnai urged euro zone leaders before to given Athens "breathing space" and help it access IMF loans.
Hungarian Forint Trade Unruffled, Yields Continue Swift Decline
- 16 Mar 2010 2:00 AM
- business
"Friday witnessed negligible exchange rates fluctuations in the Hungarian forint market as the EUR/HUF rate remained quite stable at 266. On the other hand, government bond yields have continued to decline in secondary trade, a persistent trend observed in the past few weeks.
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary C.Bank Chief Intends To Stay Until His Mandate Expires
- 27 Apr 2010 3:00 AM
- business
"There were two proposals discussed at the Monetary Council’s rate meeting on Monday, one to lower the benchmark rate by 25 bps and one to cut it by 50 bps. The former proposal was supported by a "convincing majority", NBH Governor András Simor told a press conference. Hungary’s base rate was trimmed to an all-time low of 5.15% today.
Hungary Forint Firms Following Fidesz Victory
- 26 Apr 2010 5:00 AM
- business
"Hungary’s forint started the week on a strong footing, after centre-right Fidesz mustered a two-thirds legislative majority in the second round of elections on Sunday. The HUF’s appreciation is also linked to positive global investor sentiment.
Hungary's Forint Leans Towards Strenghtening Amidst Lighter Global Mood
- 21 Apr 2010 5:00 AM
- business
"Global investor sentiment is on the mend, which has lent some momentum to Hungary’s forint against the euro, as well. The international macro calendar is relatively empty therefore US corporate earnings reports and the economic/financial implications of the Icelandic volcano eruption are prone to affect investors’ mood today.
Hungary's Fidesz To Focus On Growth, Competitiveness
- 14 Apr 2010 4:00 AM
- current affairs
"Hungary’s budget deficit will reach the full-year target by the end of May and that, i.e. the real state of the economy, needs to be understood by the IMF, the European Commission and analysts too, said Viktor Orbán, who looks to be en route to shortly become Hungary’s next Prime Minister.
The Sky Is Blue, The Grass Is Green And Hungary's C.Bank Cuts Rates 25 bps
- 30 Mar 2010 3:00 AM
- business
"The National Bank of Hungary (NBH) has on Monday reduced its key policy rate by 25 basis points to 5.50%, as expected. The base rate has not been this low since the change of regime. The Monetary Council has cut the benchmark rate for the ninth consecutive month and by 25 bps for the third time in a row.
Hungarian PM To CNBC: Support For Greece Good Choice, Hungarian Budget On Track
- 29 Mar 2010 3:00 AM
- current affairs
"The leaders of 16 European Union nations that share the euro have come to terms about a rescue plan for Greece, agreeing that if the troubled country runs out of fundraising options, help will come from both the EU and the International Monetary Fund (IMF). Hungarian Prime Minister Gordon Bajnai urged euro zone leaders before to given Athens "breathing space" and help it access IMF loans.
Hungarian Forint Trade Unruffled, Yields Continue Swift Decline
- 16 Mar 2010 2:00 AM
- business
"Friday witnessed negligible exchange rates fluctuations in the Hungarian forint market as the EUR/HUF rate remained quite stable at 266. On the other hand, government bond yields have continued to decline in secondary trade, a persistent trend observed in the past few weeks.
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...